According to Godec, what is keeping price growth narrowly in the positive territory is the rebound that occurred earlier this year after the relative weakness of late 2024. “What’s keeping price growth barely in positive territory at all is the rebound we saw earlier in 2025 offsetting a soft patch in late 2024. Tampa, which once dominated the list, recorded the lowest return, with prices falling 2.8% year-over-year in the Sunshine State metro. San Francisco (-1.92%), Miami (-1.3%), Dallas (-1.25%), Phoenix (-0.9%), San Diego (-0.66%) and Denver (-0.63%) all recorded yearly price declines. High home prices have priced many buyers out of the market,” Sturtevant said in a statement.